Turning Unemployment into Self-Employment:Effectiveness and Efficiency of Two Start-UpProgrammes

Turning unemployment into self-employment has become a major focus of German activelabour market policy (ALMP) in recent years. If effective, this would not only reduceGermanys persistently high unemployment rate, but also increase its notoriously low selfemploymentrate. Empirical evidence on the effectiveness of such programmes is scarce.The contribution of the present paper is twofold: first, we evaluate the effectiveness of twostart-up programmes for the unemployed...